News – September 2018

 


  • This is how cyber attackers stole £2.26m from Tesco Bank customers

    October 1, 2018

    The inner workings of a cyber attack against Tesco Bank which saw £2.26m stolen from 9,000 customers — and resulted in the bank being fined over £16.4m for the failings that allowed it to happen — have been revealed. The Financial Conduct Authority (FCA) has hit the bank with a £16.4m fine and said Tesco Bank failed to ...

  • Meet the bomb squad chief who has protected Hong Kong from more than 300 explosives

    September 30, 2018

    Ready to retire after 30 unforgettable years with police force helping protect city, senior superintendent believes not in luck but discipline From serving as a personal bodyguard for Hong Kong’s last British governor to overseeing the city’s bomb squad to protect it from more than 300 explosives, Tony Chow Shek-kin is no stranger to danger. “Everyone’s afraid ...

  • UK Conservative Party conference app leaks MPs’ personal details

    September 29, 2018

    A mobile conferencing app developed for the UK’s Conservative Party leaked the private details of people who registered to attend party conferences, including the details of party members and UK government officials. The leak was discovered on Saturday afternoon, September 29, by Guardian columnist Dawn Foster who posted her findings on Twitter.  Foster discovered that anyone who ...

  • Thai businessman convicted of selling fake bomb detectors

    September 28, 2018

    A court in Thailand has convicted a local businessman of fraud for selling fake bomb detectors to the Thai government, five years after the head of the British supplier was sent to prison over the global scandal. Thailand’s military drew criticism and ridicule in 2010 when the GT200 bomb detectors — which were claimed to also ...

  • TSB and HSBC banking apps hit by computer glitches

    September 28, 2018

    TSB and HSBC customers had trouble accessing accounts on Friday after the banks were hit by computer glitches. TSB said users of its smartphone app and internet banking were having difficulty logging in. HSBC said about 50% of mobile users had trouble connecting during the morning, although the bank says its problems have now been resolved. It is ...

  • Seven arrests in Netherlands over ‘significant terror attack plot’

    September 27, 2018

    Police were investigating a large-scale terror attack plot which targeted multiple locations, including a big event. Seven men have been arrested in the Netherlands on suspicion of plotting a significant terror attack. The alleged attackers intended to carry out an assault using rifles, grenades and a car bomb. Heavily armed police arrested the men on Thursday in the ...

  • Countries pledge billions to fight tuberculosis worldwide

    September 27, 2018

    The World Health Organization says governments have agreed to contribute $13 billion a year by 2022 to prevent and treat tuberculosis, a communicable disease that claimed at least 1.3 million lives last year. The agency said Wednesday that countries at a high-level meeting on the sidelines of the U.N. General Assembly committed an additional $2 billion ...

  • Port of San Diego suffers cyber-attack, second port in a week after Barcelona

    September 27, 2018

    Two major international ports fell victim to cyber-attacks within the span of a week, putting the shipping industry on alert for a possible threat actor targeting the entire sector. The first to fall was the Port of Barcelona, Spain, on September 20, last week. The second attack was reported yesterday, September 25, by the Port of ...

  • SEC charges firm with deficient cybersecurity procedures

    September 26, 2018

    The Securities and Exchange Commission today announced that a Des Moines-based broker-dealer and investment adviser has agreed to pay $1 million to settle charges related to its failures in cybersecurity policies and procedures surrounding a cyber intrusion that compromised personal information of thousands of customers. The SEC charged Voya Financial Advisors Inc. (VFA) with violating the ...

  • Third person diagnosed with monkeypox in England

    September 26, 2018

    A healthcare worker who looked after someone suffering from monkeypox has been “isolated” after also picking up the disease. It is the third case of the rare viral infection in England and was “not wholly unexpected”, Public Health England (PHE) said. It is “actively monitoring contacts” so that anyone with possible symptoms can be “assessed quickly”. Earlier this ...

  • Man gets two years in prison for sabotaging US Army servers with ‘logic bomb’

    September 25, 2018

    A US judge has sentenced an Atlanta man to two years in prison followed by three years of supervised release for sabotaging one of the US Army’s payroll databases with a “logic bomb.” The man’s sentence is related to an incident that occurred in November 2014 and affected the US Army’s Regional Level Application Software (RLAS). According ...

  • OAS Report Reveals that 9 out of 10 Banks in Latin America and the Caribbean Suffered Cyber Incidents during the last year

    September 25, 2018

    The Organization of American States (OAS) presented on Tuesday the Report “State of Cybersecurity in the Banking Sector in Latin America and the Caribbean, which includes an analysis of the past year in the banking sector and online banking users in aspects related to cybersecurity. The main findings of the report are: – at least 9 out of ...

  • Tesco Bank facing £30m fine from FCA over 2016 cyber attack

    September 24, 2018

    Tesco Bank could be fined as much as £30 million over its 2016 cyber attack that compromised the accounts of at least 40,000 of its seven million customers. The attack in November 2016 is one of the most serious ever on a UK retail bank, with money stolen from 20,000 accounts over one weekend – some customers seeing ...

  • Telstra and Optus call for clarity in anti-encryption laws

    September 24, 2018

    Australia’s two largest telcos, Telstra and Optus, have called for the government to create an efficient consultation process every time it asks for assistance under the nation’s proposed new anti-encryption laws. Taken together, the two submissions represent a call for far more clarity in the Assistance and Access Bill 2018, which is currently being rushed through Parliament. The Bill ...

  • Pennsylvania Senate Democrats paid $700,000 to recover from ransomware attack

    September 24, 2018

    The Pennsylvania Senate Democratic Caucus paid $703,697 to Microsoft to rebuild its IT infrastructure after suffering a ransomware infection in March 2017. The incident took place on March 3, 2017, when the organization’s entire IT systems, including its web servers, went down at the hands of a yet-to-be-revealed ransomware strain. The ransomware encrypted files and requested payment of ...